Vaneck Biotech Etf Price on March 23, 2018
| BBH Etf | USD 155.12 2.47 1.57% |
Below is the normalized historical share price chart for VanEck Biotech ETF extending back to November 23, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of VanEck Biotech stands at 155.12, as last reported on the 16th of April 2024, with the highest price reaching 157.30 and the lowest price hitting 154.92 during the day.
If you're considering investing in VanEck Etf, it is important to understand the factors that can impact its price. VanEck Biotech ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the etf had a -0.11% return per unit of risk over the last 3 months. VanEck Biotech ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VanEck Biotech's Coefficient Of Variation of (833.05), risk adjusted performance of (0.07), and Variance of 0.8938 to confirm the risk estimate we provide.
VanEck Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.58 | 200 Day MA 159.7007 | 1 y Volatility 15.52 | 50 Day MA 163.819 | Inception Date 2011-12-20 |
VanEck |
Sharpe Ratio = -0.1078
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| Negative Returns | BBH |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Biotech is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of VanEck Biotech by adding VanEck Biotech to a well-diversified portfolio.
Average Mkt Cap Mil 39.8 K |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About VanEck Biotech Etf history
VanEck Biotech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for VanEck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in VanEck Biotech ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing VanEck Biotech stock prices may prove useful in developing a viable investing in VanEck Biotech
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Biotech is traded on NASDAQ Exchange in the United States.
VanEck Biotech Etf Technical Analysis
VanEck Biotech technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
VanEck Biotech Period Price Range
VanEck Biotech April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how VanEck Biotech etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VanEck Biotech shares will generate the highest return on investment. By undertsting and applying VanEck Biotech etf market strength indicators, traders can identify VanEck Biotech ETF entry and exit signals to maximize returns
| Accumulation Distribution | 130.06 | |||
| Daily Balance Of Power | (1.04) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 156.11 | |||
| Day Typical Price | 155.78 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | (2.22) | |||
| Period Momentum Indicator | (2.47) |
VanEck Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for VanEck Biotech's price direction in advance. Along with the technical and fundamental analysis of VanEck Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of VanEck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.12) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Biotech ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the VanEck Biotech ETF information on this page should be used as a complementary analysis to other VanEck Biotech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of VanEck Biotech ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Biotech's value that differs from its market value or its book value, called intrinsic value, which is VanEck Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Biotech's market value can be influenced by many factors that don't directly affect VanEck Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.